{
    "type": "ETF",
    "ucits": true,
    "fund_name": "Amundi MSCI EM Asia SRI Climate Paris Aligned - UCITS ETF DR",
    "investment_objective": "Track the MSCI EM Asia SRI Filtered PAB Index with ESG and Paris-aligned climate characteristics",
    "primary_asset_class": "Equity",
    "geographic_focus": "Emerging Markets Asia (9 countries)",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF is a UCITS fund physically replicating the MSCI EM Asia SRI Filtered PAB Index by direct investment in underlying securities in proportions closely matching the index. The KIID and PRIIPs KID explicitly state the use of physical replication with derivatives only used occasionally for managing inflows/outflows or to gain better exposure to index constituents, not as an inherent part of the investment strategy. There is no mention of synthetic replication, swap agreements, or funded/unfunded swaps. No leverage or inverse exposure is present. The underlying assets are large and mid-cap equities in emerging Asian markets, with no complex structured products or contingent bonds. The risk profile is moderate (4/7), reflecting emerging market equity risk, not complexity. Costs are straightforward with a TER of 0.25%, no performance fees, and no swap or derivative fees. Securities lending is used to generate additional income but does not add complexity. The PRIIPs KID does not include any comprehension warnings or complexity flags. The factsheet confirms physical replication, no use of swaps, and a straightforward equity index strategy with ESG and climate alignment. Therefore, under MiFID II criteria, this ETF is classified as non-complex."
}